We have always thought that there is no such thing as a Debtor’s Prison in the USA. People with bad debt are not treated as criminals unless the debt itself is the result of specific forms of criminal activity. Well, that may not be the case. In today’s financial news, Bloomberg discusses a recent case where the Department of Justice arrested a man for a 29-year-old unpaid student loan debt. https://bloombergview.com/articles/2016-02-18/shirking-your-student-loan-shouldn-t-end-in-handcuffs

Long Format Form

Karina Lucid Law NJ Bankruptcy Attorney

Ask a question or request a free consultation.

Please be aware that submission of this no-obligation form does not establish an attorney-client relationship. By filling out the form, you agree to receiving emails from our firm regarding your case evaluation and other helpful resources.